Kuwait Projects Co SPC Limited

General Assembly Meetings

Kuwait Projects Company (Holding) K.S.C.P. (in its capacity as the Guarantor of Kuwait Projects Co SPC Limited), announced that on Tuesday, 23 April 2024, it held its Ordinary Annual General Assembly Meeting and the Extraordinary General Assembly Meeting, and all the agenda items of both the meetings were duly approved by the shareholders. Please refer to the following document for the agenda items:

https://kipco.com/wp-content/uploads/2024/04/KIPCO-AGM-EGM-results-disclosure-Boursa-Eng.pdf

The shareholders approved the Board of Directors recommendation for not distributing dividends to the shareholders for the financial year ended 31 Dec 2023.

After the Annual General Assembly Meeting, the Group Chief Executive Officer, Sheikha Dana Naser Sabah Al Ahmad Al Sabah, made a presentation to the shareholders, outlining the company's strategies and key highlights of the financial results for the year ended 31 Dec 2023. Please refer to the following link for the presentation:

https://kipco.com/wp-content/uploads/2024/04/AGM-presentation-English-FINAL_compressed.pdf

For further information, please contact:

Investors, Press and Media:

Eman Al-Awadhi

49^th Floor

KIPCO Tower, Khaled Bin Al-Waleed St, Sharq

P.O. Box 23982

Safat 13100

Kuwait

Tel: +965 2294 3416

Email: [email protected]